Rates for Land Freight

A payment of $1.24 per kilometer for cargo transported from the port to its final destination has been approved in Honduras.

An agreement on benchmark rates for land freight transport has been signed by the carriers, chambers of commerce and contract maquila companies.

The agreement establishes a benchmark rate on direct routes of $1.24 per kilometer.

"The rate will apply when the load is received by the National Port Authority and is sent directly to the company or individual importing it" reported LaPrensa.hn.

Benjamin Castro, president of the Chamber of Cargo Transporters in Honduras, Catracho, saw the settlement as fair for transporters and said it "prevents shipping companies from charging users excessively."

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Most shipping companies have agreed to pay carriers between $1.26 and $1.29 per kilometre as a re-adjustment.

After nearly a week of strikes, 10 of the 15 shipping companies operating in the country agreed to concede to the demands of freight carriers, and they will pay an adjustment per kilometre of between $1.26 and $1.29.

In Nicaragua, the transport companies are warning of a 50% increase in charges caused by the continuing rise in fuel prices.

Freight transportation businesses operating in the country and in Central America are warning of a likely increase of 50% from the current rate, while inter-city transport operators want an increase of more than 35%.

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